The suspension of Silvergate's cryptocurrency payments system is seeing digital assets managers scrambling to find new banking partners.
With US$400 million in assets under management, a crypto fund manager is looking to Swiss banks to fill the vacuum left by the collapse of a crucial payments network run by struggling US lender Silvergate Capital.
Silvergate's 24/7/365 real-time network was utilised by Digital Asset Management to transfer money to and from Coinbase Global Inc.
But, major exchanges like Coinbase, Crypto.com, and Gemini no longer support Silvergate.
Platform to acquire brokerage and crypto trading firms, targeting market with 19 million equity investors
Exchange to enhance stablecoin liquidity across trading, payments and savings products
Exchange to operate through three licensed entities under ADGM oversight starting January 2026
B2B provider enters region following successful launches in Europe, Middle East, and Latin America
Coinbase has resumed onboarding users in India after more than two years, marking the cryptocurrency exchange's return to a market it exited in 2023 following regulatory disputes over payment infrastructure. The exchange is now allowing new registrations and crypto-to-crypto trading, with plans to reintroduce fiat on-ramp services next
Platform to acquire brokerage and crypto trading firms, targeting market with 19 million equity investors
Exchange to enhance stablecoin liquidity across trading, payments and savings products
Exchange to operate through three licensed entities under ADGM oversight starting January 2026
